(06 AUGUST 2019)USD/CAD:Under pressure.

(06 AUGUST 2019)USD/CAD:Under pressure.

6 August 2019, 08:56
Jiming Huang
0
46

ca

Pivot (invalidation): 1.3225

Our preference

Short positions below 1.3225 with targets at 1.3170 & 1.3130 in extension.

Alternative scenario

Above 1.3225 look for further upside with 1.3245 & 1.3265 as targets.

Comment

The RSI lacks upward momentum.

(By Swissquote TRADING CENTRAL)

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